Poland's central bank hikes key rate by 25 bp to 6.0%

PolyaLesova

NEW YORK (MarketWatch) -- Poland's central bank raised its key interest rate Wednesday by 25 basis points to 6.0%. The rate increase was in line with market expectations. "The hike comes as the Polish economy continues to grow strongly and inflation remains well above the central bank's target of 2.5%," wrote Lars Christensen, chief analyst at Denmark's Danske Bank, in a research note. He expects one additional hike of 25 basis points which will likely come in the next three months.

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